Obtain Nestle's 2010 annual report using the ''Investor Relations'' portion of its website (do a web search

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Obtain Nestle´'s 2010 annual report using the ''Investor Relations'' portion of its website (do a web search for Nestle´ investor relations).
Required:
1. What was the total amount of intangible assets that Nestle´ reported at the end of 2010, and what was the amount of each component?
2. What is the value of Nestle´'s intangible assets (other than goodwill) with an indefinite life?
3. Does Nestle´ capitalize its R&D costs related to new products? Why or why not?
4. Compute the estimated average useful life of the intangible assets with a finite life.
5. Did Nestle´ report any impairments of intangible assets? If so, provide a brief discussion of what the impairment related to and its amount.
Intangible Assets
An intangible asset is a resource controlled by an entity without physical substance. Unlike other assets, an intangible asset has no physical existence and you cannot touch it.Types of Intangible Assets and ExamplesSome examples are patented...
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Related Book For  answer-question

Intermediate Accounting Reporting and Analysis

ISBN: 978-1111822361

1st edition

Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach

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